Mining News: Northern Neighbors: Banyan first to try Klondike Strike crowdfunding

Banyan Gold Corp. March 2 reported plans to complete a C$750,000 brokered private placement financing via a crowdfunding platform recently launched by Red Cloud Klondike Strike Inc. “We are very excited to be the first company to offer our securities on the inaugural online mining investment platform created by Red Cloud Klondike Strike,” said Banyan President and CEO Mark Haywood. “The platform offers a revolutionary financing mechanism, which will provide a unique opportunity for a much wider range of investors to participate in Banyan’s value-driven strategies of building a gold development company which is managed and operated by experienced industry professionals.” Klondike Strike is a crowdfunding platform tailored to facilitate equity fundraising in the mining sector. Red Cloud Klondike Strike President and CEO Chad Williams said, “We are very happy to feature Banyan as the first issuer on our new platform as we strive to provide greater access for investors to participate in mining securities offerings.” Banyan said it will use the funds raised from the financing for evaluation of acquisitions, general and administrative costs and exploration of its flagship Hyland gold project in eastern Yukon Territory. More information on the investment platform offered by Klondike Strike as well as the financing being offered by Banyan is available at www.klondikestrike.com.

- Shane Lasley

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